NOT LISTED FOR SALE

1148 E Sheridan St Ely, MN 55731

Estimated Value: $160,000 - $194,405

3 Beds
2 Baths
1,671 Sq Ft
$107/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $135,000 $81 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,046/month

247 Days on Market

Highlights

  • 0.3 Acre Lot
  • Covered Patio or Porch
  • Baseboard Heating
  • Memorial High School Rated 9+
  • 3 Car Detached Garage

About This Home

As of April 2021

This move-in ready home on an oversized corner lot has a huge garage and spacious yard. It has a main floor bedroom and bath plus two upstairs bedrooms with a bath. Some hardwood floors under carpets. There is newer wiring in the house and garage, 200 amp electric, new plumbing, boiler, water heater, front-loading washer and dryer, range, refrigerator, dishwasher. The basement is finished with recreation, laundry and utility rooms that have large windows allowing lots of light. The range, boiler and water heater are gas fueled and three heat zones keep the house comfortable. The 3-car garage is a person’s dream! It has lots of room for cars, boats, and a workshop. The property is residential now but was previously used as a commercial propane business and is zoned for business. The back yard has lots of room for lounging and recreation. SEWER COMPLIANT! Schedule an appointment to see this home today!

Last Agent to Sell the Property

Karen Zupancich

Edina Realty, Inc. License #91118 Listed on: 06/05/2020

Edina Realty, Inc.

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $982

Year Built

  • Built in 1939

Lot Details

  • 0.3

Home Design

  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 1,671 Sq Ft Home
  • 1.75 Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Propane
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • 0.3 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 030-0380-01800

Home Details

Home Type

Single Family

Est. Annual Taxes

$982

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Residential
  • Guttering: Yes
  • Heat: Baseboard, Radiator, Hot Water, Gas - Propane
  • Lvt Date: 06/05/2020
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 030-0380-01800
  • Patioporch: Porch, Covered
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: 982.00
  • Style: 1 3/4 Story
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1671
  • Bedroom 1: Size: 10 x 12, On Level: Main
  • Total Bathrooms: 1.75
  • Appliances: Dishwasher, Garage Opener, Garbage Disposal, Microwave, Refrigerator, Washer, Elec. Dryer, Gas Range
  • Basement: Full, Poured
  • Bedroom 2: Size: 10 x 14, On Level: Upper
  • Bedroom 3: Size: 10 x 14, On Level: Upper
  • Dining Room: Size: with LR, On Level: Main
  • Kitchen: Size: 8 x 19, On Level: Main
  • Living Room: Size: 10 x 28, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Laundry, Size: 12 x 15, On Level: Lower
  • Other Room 3: utility, Size: 7 x 11, On Level: Lower
  • Rec Room: Size: 11 x 27, On Level: Lower

Exterior Features

  • Exterior: Steel
  • Roof: Asphalt, Metal

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 3
  • Garage Size: 24 x 32

Utilities

  • Utilities: City Water, City Sewer
  • Water Heater: Gas

Lot Info

  • Lot Size: Dimensions: 149x60
  • Number Of Acres: 0.3
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Apr 9, 2021
Sold by
Lobe Joneene
Bought by
Muhvich Michael George
Seller's Agent
Karen Zupancich
Edina Realty, Inc.
Buyer's Agent
Member Non
NON-MEMBER
List Price
$175,000
Sold Price
$135,000
Premium/Discount to List
-$40,000
-22.86%
Current Estimated Value
$179,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,101
Avg. Annual Appreciation
6.17%
Original Mortgage
$128,250
Outstanding Balance
$115,637
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$63,464
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Muhvich Michael George $135,000 Northeast Title Company
Muhvich Michael Michael $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muhvich Michael George $128,250
Closed Muhvich Michael Michael $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $135,000 +2.3% $81 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
01/21/2021 01/21/21 Price Changed $132,000 -2.2% $79 / Sq Ft
11/06/2020 11/06/20 Price Changed $135,000 -3.5% $81 / Sq Ft
09/28/2020 09/28/20 Price Changed $139,900 -4.2% $84 / Sq Ft
09/21/2020 09/21/20 Price Changed $146,000 -2.6% $87 / Sq Ft
09/04/2020 09/04/20 Price Changed $149,900 -9.2% $90 / Sq Ft
08/28/2020 08/28/20 Price Changed $165,000 -2.7% $99 / Sq Ft
08/02/2020 08/02/20 Price Changed $169,500 -3.1% $101 / Sq Ft
06/05/2020 06/05/20 For Sale $175,000 -- $105 / Sq Ft
Source: Range Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,278 $135,500 $44,300 $91,200
2023 $1,278 $129,100 $42,800 $86,300
2022 $1,150 $121,200 $40,600 $80,600
2021 $1,054 $100,600 $36,900 $63,700
2020 $982 $91,400 $36,900 $54,500
2019 $930 $91,400 $36,900 $54,500
2018 $800 $90,600 $36,900 $53,700
2017 $834 $87,300 $30,700 $56,600
2016 $934 $82,900 $27,900 $55,000
2015 $876 $58,100 $20,500 $37,600
2014 $876 $58,100 $20,500 $37,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 139563

Range Association of REALTORS®

APN: 030038001800